Mexico's economy grows 1.2 pct

Mexico's gross domestic product (GDP) grew 1.2 percent in the first nine months of 2012, compared to the same period last year, the National Institute of Statistics and Geography, or INEGI, said Thursday.

GDP growth was boosted by a 2.3 percent gain in the service sector and growth of 0.60 percent in agriculture and mining, which made up for a 0.90 percent contraction in the industrial sector, the statistics agency said.